At the same time supplementary food such as fortified yoghurt, biscuits, fortified bread and fortified food supplements with different nutritional qualities, will be sourced from the private sector which will enhance the local economy,' he stated.
1997 Balanced Budget and Taxpayer Relief Act. SUMMARY: The Balanced Budget Act of 1997 (a spending bill) and the Taxpayer Relief Act of 1997 (a tax bill) legislated the elimination of the annual budget deficit by 2002.n the end, tax revenues were increasing at such a rate that the federal budget went into surplus several years ahead of schedule in FY 1998 and continued in surplus in 1999, 2000, and 2001. FURTHER INFORMATION: Balanced Budget Act of 1997 (Pub. Law No.: 105-33).
By 1932, one of the bleakest years of the Great Depression, at least one-quarter of the American workforce was unemployed. When President Franklin Roosevelt took office in 1933, he acted swiftly to try and stabilize the economy and provide jobs and relief to those who were suffering.n March 9, Congress passed Rooseveltâs Emergency Banking Act, which reorganized the banks and closed the ones that were insolvent. In his first âfireside chatâ three days later, the president urged Americans to put their savings back in the banks, and by the end of the month almost three quarters of them had reopened.